TEPD121734 - OTHER. DRWASHEETS

This IDC contract for Consumer Products > Sustainment S&E, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2013 on Oct 24, 2012 to ITG-GMBH GRAPHIC PRODUCTS by BEP Product Design and Development. There have been $4M in obligations to date with a ceiling value of $15M, showing a 27% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Oct 31, 2017.

ITG-GMBH GRAPHIC PRODUCTS is a contractor located in BAYERN, doing primarily Consumer Products > Sustainment S&E work for Treasury. The company receives $1M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Buying Agency/Office

Treasury»Bureau of Engraving and Printing»BEP Product Design and Development

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